The virtual reality training and development companies industry focuses on utilizing cutting-edge technology to enhance and transform training experiences across various sectors. These organizations create interactive environments that facilitate learning, skill acquisition, and team collaboration. With applications in healthcare, manufacturing, and education, companies leverage immersive techniques to improve engagement and retention. As market demand grows, innovative solutions are emerging, often combining virtual and augmented realities. Many players are shifting towards customizable platforms, predicting a bright future as organizations seek efficient training alternatives, optimally utilizing technology to provide measurable results in workforce performance.

This listing features 21 virtual reality training and development companies, varying in size from small startups to medium-sized enterprises. The majority are based in the United States, with several notable firms operating from Canada and Europe. Founded between 2002 and 2020, these companies specialize in creating custom training simulations and immersive experiences. Their client portfolios span multiple industries, including healthcare, education, and manufacturing. As the industry evolves, collaborations with larger organizations are common, positioning these firms as influential contributors to the growing field of immersive learning technologies.

Continue reading to discover the top virtual reality training and development companies.

Top 21 Virtual Reality Training and Development Companies

1. Strivr

• Website: strivr.com
• Ownership type: Venture Capital
• Headquarters: Santa Clara, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series B, $35.0M, April 2022
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: strivr

Strivr Labs, Inc. is a training solutions provider based in Santa Clara, California, that focuses on creating immersive learning experiences through extended reality (XR) technology. Established in 2015, Strivr has developed a robust platform that includes the Strivr SDK for Unity, enabling businesses to create both off-the-shelf and custom training content. Their primary clientele spans various industries, including healthcare, retail, logistics, and financial services, all seeking to improve employee training and engagement. Strivr's innovative approach has led to the launch of over 2.8 million XR training sessions for Fortune 1000 companies and elite sports teams. The company raised $35 million in a Series B funding round in April 2022, reflecting strong investor interest in their capabilities and market potential. Strivr's commitment to enhancing workforce performance through immersive learning positions it as a significant player in the virtual reality training and development space.

2. ForgeFX Simulations

• Website: forgefx.com
• Ownership type: Private
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: forgefx

ForgeFX Simulations, based in San Francisco, California, is a private company founded in 2002 that specializes in the development of custom 3D training simulations. With a team of 23 employees, ForgeFX focuses on creating immersive training experiences tailored to various industries. Their services include consultation, project management, and software development, all aimed at enhancing training effectiveness while reducing costs. The company has built a solid reputation for delivering high-quality simulation products, evidenced by their collaborations with major clients like Caterpillar and General Electric Healthcare. ForgeFX's expertise spans virtual reality and augmented reality applications, allowing them to provide innovative solutions that meet the specific needs of their clients. They have successfully completed numerous projects, showcasing their ability to adapt and apply their technology across different sectors.

3. Inlusion

• Website: inlusionvr.com
• Ownership type: Private
• Headquarters: Northbrook, Illinois, United States (USA)
• Employee distribution: Lithuania 100%
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: inlusionvr

Inlusion Netforms is a private software development company based in Northbrook, Illinois, with a strong focus on virtual reality solutions. Founded in 2009, the company has carved out a niche in creating VR training simulators and assessment tools tailored for various industries, including healthcare, education, manufacturing, and transport. With a team of skilled developers primarily located in Lithuania, Inlusion has established itself as a player in the international market, providing innovative solutions that enhance training and operational efficiency. Their portfolio includes projects such as smart VR employee assessment instruments, VR training for emergency medical services, and simulations for complex procedures in aviation and automotive sectors. Inlusion's commitment to advancing VR technology for training purposes positions them as a relevant entity in the virtual reality training and development sector.

4. Edstutia

• Website: edstutia.com
• Ownership type: Venture Capital
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 90%, Netherlands 10%
• Latest funding: Pre-seed, $10,000, March 2022
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: edstutia

Edstutia LLC, based in New York, is a training and development company that specializes in immersive learning technologies. Founded in 2020, Edstutia aims to enhance professional development through innovative virtual reality solutions. They offer a range of products and services, including immersive learning foundations and the world's first Instructor Certification in XR program. This certification equips learning professionals with the necessary tools to teach and train using immersive technology. Edstutia's focus on VR addresses the need for effective training methods that improve knowledge retention and skill application in the workplace. The company has received pre-seed funding, which reflects investor confidence in their vision and potential for growth. With a team of experts in teaching and training, Edstutia is positioned to make a significant impact in the field of immersive learning.

5. SimInsights Inc.

• Website: siminsights.com
• Ownership type: Private
• Headquarters: Lake Forest, California, United States (USA)
• Employee distribution: United States (USA) 62%, India 38%
• Latest funding: Other (Grant), $749,000, August 2019
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: siminsights-inc.

SimInsights Inc., founded in 2009 and based in Lake Forest, California, is a private company that focuses on training solutions utilizing immersive AR/VR technologies. With a workforce of approximately 34 employees, the company has carved out a niche in providing innovative training solutions tailored to the needs of sectors such as healthcare, manufacturing, and education. Their HyperSkill platform stands out as a generative AI-powered, no-code solution that enables organizations to create and deliver immersive training experiences efficiently. This platform not only simplifies the authoring process but also integrates analytics to track learning outcomes. SimInsights has received funding, including a grant in 2019, which underscores its ongoing development and commitment to enhancing training methodologies. The company has established a reputation for delivering effective training solutions, as evidenced by numerous positive client testimonials that speak to the quality and impact of their offerings.

6. HTX Labs

• Website: htxlabs.com
• Ownership type: Venture Capital
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Seed, $3.2M, September 2022
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: htx-labs

HTX Labs, founded in 2017 and based in Houston, Texas, is an immersive learning technology company that focuses on providing innovative training solutions through its EMPACT Immersive Learning Platform. The company primarily serves military and defense organizations, with a notable emphasis on the U.S. Air Force. HTX Labs aims to modernize training by leveraging virtual and extended reality technologies, making training more effective and accessible. Their EMPACT platform allows users to create, distribute, and measure immersive training programs across various devices. In 2022, HTX Labs raised $3.2 million in seed funding, which supports their mission to enhance operational efficiency and safety in training environments. The company has also been recognized for its contributions to the defense sector, receiving awards such as the Small Business of the Year from MS&T Magazine in 2023.

7. 8chili Inc

• Website: 8chili.com
• Ownership type: Private
• Headquarters: San Ramon, California, United States (USA)
• Employee distribution: India 62%, United States (USA) 38%
• Founded year: 2019
• Headcount: 1-10
• LinkedIn: 8chili

8chili Inc, founded in 2019 and based in San Ramon, California, is a technology company focused on creating immersive virtual reality training solutions. Their flagship platform, HintVR, serves clients primarily in the healthcare and manufacturing sectors, providing tools for competency assessment and the development of training content. The company aims to enhance workforce skills and ensure compliance through innovative VR experiences. With a small team of around 21 employees, 8chili has established itself as a notable player in the VR training industry. Their platform allows organizations to create and own their VR training content, offering a revenue-sharing model that incentivizes innovation. 8chili's approach has shown promising results, including significant reductions in training time and improvements in quality compliance. The company has also been recognized by Gartner as one of the top three emerging metaverse technology companies for 2023, highlighting its relevance and potential in the VR training market.

8. Varwin

• Website: varwin.com
• Ownership type: Venture Capital
• Headquarters: Dover, Delaware, United States (USA)
• Employee distribution: Russia 81%, United States (USA) 19%
• Latest funding: Seed, $1.0M, February 2019
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: varwin

Varwin is a virtual reality development company founded in 2017 and based in Dover, Delaware. With a team of around 21 employees, the company focuses on creating immersive VR solutions for various sectors, including education, manufacturing, and oil and gas. Varwin offers services such as VR training simulations and the Varwin XRMS platform, which allows businesses to manage their VR projects effectively. The company has a significant presence in the industry, having completed over 70 VR projects in more than 24 countries. Varwin's client base primarily consists of businesses looking to improve training efficiency and safety. The company has also received seed funding of $1 million in 2019, which supports its growth and innovation in the VR space. Varwin's achievements include being recognized as a finalist for the Auggie Award and winning multiple competitions, highlighting its commitment to advancing VR technology for training purposes.

9. Lucid Reality Labs

• Website: lucidrealitylabs.com
• Ownership type: Private
• Headquarters: Miami, Florida, United States (USA)
• Employee distribution: United States (USA) 52%, Ukraine 34%, Poland 14%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: lucid-reality-labs

Lucid Reality Labs, founded in 2016 and based in Miami, Florida, is a technology company that specializes in immersive experiences through virtual reality (VR), augmented reality (AR), mixed reality (MR), and extended reality (XR) solutions. With a workforce of around 44 employees, the company serves various sectors, particularly healthcare and education. They provide customized training simulations and prototyping services aimed at improving operational efficiency and learning outcomes. Their innovative iXR™ platform integrates artificial intelligence with XR technologies, allowing for personalized immersive experiences. Lucid Reality Labs has worked on significant projects, including VR training for medical professionals and lifeguard training simulations, showcasing their expertise in developing practical applications of VR technology.

10. UniVR Studio - Réalité virtuelle pour la formation professionnelle

• Website: univrstudio.com
• Ownership type: Private
• Headquarters: Villeurbanne, Auvergne-Rhône-Alpes, France
• Employee distribution: France 100%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: univr-studio

UniVR Studio - Réalité virtuelle pour la formation professionnelle is a private company based in Villeurbanne, Auvergne-Rhône-Alpes, France. Established in 2014, the company specializes in developing immersive virtual reality experiences aimed at enhancing professional training, recruitment, and communication. With a team of 11 to 50 employees, UniVR Studio focuses on creating custom VR content and training simulations that cater to the specific needs of businesses and organizations. Their offerings include tailored VR solutions designed to improve operational efficiency and facilitate employee onboarding. The company has a strong emphasis on supporting clients throughout the entire process, from project conception to international deployment. UniVR Studio also provides a range of VR tools and management systems to streamline the use of virtual reality in professional settings, demonstrating their commitment to advancing the application of VR technology in training and development.

11. 3spin Learning

• Website: 3spin-learning.com
• Ownership type: Venture Capital
• Headquarters: Darmstadt, Hesse, Germany
• Employee distribution: Germany 100%
• Latest funding: January 2024
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: 3spin

3spin Learning, based in Darmstadt, Hesse, Germany, is a training solutions provider that specializes in virtual reality (VR), augmented reality (AR), and artificial intelligence (AI) training courses. Founded in 2020, the company has quickly established itself in the training sector by offering a no-code authoring tool that enables businesses to create their own immersive training experiences. Their consulting services cater to various industries, including aviation, medical, and renewable energy, aiming to enhance learning outcomes and reduce training costs. 3spin Learning has collaborated with prominent organizations such as Lufthansa Aviation Training and Pfizer, showcasing their capability to deliver effective training solutions. The company focuses on making VR training scalable and affordable, allowing clients to implement training programs rapidly and efficiently. With a team of 23 employees, 3spin Learning is positioned to continue its growth in the evolving landscape of immersive training technologies.

12. Madras MindWorks Pvt Ltd

• Website: madrasmindworks.com
• Ownership type: Private
• Headquarters: Chennai, Tamil Nadu, India
• Employee distribution: India 100%
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: madras-mindworks

Madras MindWorks Pvt Ltd, founded in 2015 and based in Chennai, Tamil Nadu, is an immersive technology company that specializes in augmented reality (AR), virtual reality (VR), and mixed reality (MR) solutions. With a team of around 33 employees, the company focuses on creating tailored experiences for various sectors, including healthcare, education, manufacturing, and real estate. They offer a range of products and services, such as training simulators and interactive experiences, aimed at improving operational efficiency and customer engagement. Notably, Madras MindWorks has developed several innovative products, including DriVRS, a next-generation forklift simulator, and MindWoX, a platform for enterprise training solutions. Their commitment to research and development in the AR/VR space has led to significant milestones, including representing India at international events and launching unique VR experiences. The company has positioned itself as a key player in the immersive technology sector, focusing on practical applications that enhance training and development.

13. Bsdxr

• Website: bitspacedevelopment.com
• Ownership type: Private
• Headquarters: Winnipeg, Manitoba, Canada
• Employee distribution: Canada 100%
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: bit-space-development

Bit Space Development Ltd., based in Winnipeg, Manitoba, is a private technology development firm founded in 2015. With a team of 17 employees, the company focuses on immersive technologies such as extended reality (XR), virtual reality (VR), and augmented reality (AR). Bsdxr provides a range of services including consulting, development, and training, aimed at enhancing operational efficiency and training effectiveness for businesses and educational institutions. They have successfully completed over 120 projects, showcasing their expertise in creating innovative learning experiences. Bsdxr has also been recognized as a top AR/VR development company in Canada for 2023, highlighting their contributions to the industry. Their work includes developing VR training programs that allow users to engage in safe simulations, thereby improving knowledge retention and reducing training costs. The company actively collaborates with local educational institutions to foster innovation and support the growth of the interactive digital media industry in Manitoba.

14. Holostech

• Website: holos-tech.com
• Ownership type: Venture Capital
• Headquarters: Las Condes, Santiago, Chile
• Employee distribution: Chile 61%, Argentina 39%
• Latest funding: Pre-seed, $300,000, January 2018
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: holostechnology

Holostech, founded in 2016 and based in Las Condes, Santiago, Chile, is a technology solutions provider that specializes in virtual and augmented reality applications. The company focuses on enhancing training and process management for businesses in sectors such as Oil & Gas, Mining, Retail, and Education. Holostech's offerings include SymbioXR, a collaborative platform for mixed reality training, and various e-learning solutions designed to improve employee engagement and knowledge retention. With a team of 23 employees, Holostech has established itself as a key player in the virtual reality training space, leveraging immersive technology to drive productivity and learning outcomes. The company received pre-seed funding of $300,000 in early 2018, which has likely supported its growth and development in the competitive tech landscape.

15. Luminous XR

• Website: luminousxr.com
• Ownership type: Venture Capital
• Headquarters: Newcastle Upon Tyne, England, United Kingdom (UK)
• Latest funding: $1.3M, July 2024
• Founded year: 2004
• Headcount: 11-50
• LinkedIn: luminous-group-ltd

Luminous XR, based in Newcastle Upon Tyne, England, is a company that specializes in immersive training solutions utilizing virtual reality technology. Founded in 2004, Luminous XR has evolved from its initial focus on 3D mapping and digitizing complex environments to developing bespoke VR training content for enterprises and educational institutions, particularly in high-risk sectors such as aviation, manufacturing, and oil and gas. The company operates a SaaS platform that enables users to create, manage, and distribute training content efficiently. Luminous XR has recently raised £1 million in funding, which will help them expand their reach, particularly in the US market. Their innovative approach to training has garnered recognition, including being awarded Best Manufacturing, Industrial and Construction Solution at the XR Awards 2024. This highlights their impact and relevance in the virtual reality training industry.

16. MTM Project srl

• Website: mtmproject.com
• Ownership type: Private
• Headquarters: Monopoli, Apulia, Italy
• Employee distribution: Italy 100%
• Founded year: 2010
• Headcount: 11-50
• LinkedIn: mtm-project-srl

MTM Project srl, founded in 2010 and based in Monopoli, Apulia, Italy, is a private software development firm that specializes in digital innovation through virtual and augmented reality applications. With a team of 25 employees, the company focuses on creating training solutions and software products that enhance technical skills for both businesses and educational institutions. Their offerings include various platforms such as HIL VR, AURES, and MaGestio, which are designed to provide interactive and engaging learning experiences. MTM Project is also accredited by regional authorities to deliver high-quality technical training, further solidifying their role in the industry. They operate nationwide in Italy, emphasizing their mission to make technology accessible and engaging for users across different sectors.

17. RocketChicken Interactive Inc.

• Website: rocketchicken.com
• Ownership type: Private
• Headquarters: Vancouver, British Columbia, Canada
• Employee distribution: Canada 100%
• Founded year: 2009
• Headcount: 1-10
• LinkedIn: rocketchicken-technologies

RocketChicken Interactive Inc., known as Motive.io, is a Vancouver-based company founded in 2009. It specializes in virtual reality training solutions, focusing on creating immersive experiences tailored for businesses and organizations. The company offers a variety of services, including custom VR training modules, authoring tools, and analytics to enhance employee training and safety. Their platform allows clients to develop interactive training environments that replicate real-world scenarios, making training more effective and engaging. Motive.io has worked with a range of clients across different sectors, including aviation, mining, and healthcare, demonstrating their capability to address specific training needs. They have also been involved in significant projects, such as implementing VR training tools for Transport Canada and developing food safety training for a major grocery delivery company. This involvement highlights their commitment to advancing VR training methodologies.

18. VR Vision

• Website: vrvisiongroup.com
• Ownership type: Private
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 100%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: vr-vision-inc

VR Vision, based in Toronto, Ontario, is a private technology firm founded in 2016. The company specializes in creating virtual reality training solutions that cater to various industries, including automotive, energy, and healthcare. Their offerings include immersive training environments, CGI simulations, and interactive video experiences designed to enhance employee training and improve operational efficiency. VR Vision's products, such as the Vision Portal, facilitate scalable immersive learning, allowing organizations to tailor training experiences to their specific needs. The company has collaborated with prominent clients like Toyota and Hydro One, showcasing its ability to implement effective training solutions that drive results. With a dedicated team of 19 employees, VR Vision continues to innovate in the field of virtual reality training, aiming to transform traditional training methods into engaging and effective learning experiences.

19. Varjo

• Website: varjo.com
• Ownership type: Corporate
• Headquarters: Helsinki, Uusimaa, Finland
• Employee distribution: Finland 84%, United States (USA) 8%, Germany 3%, Other 5%
• Latest funding: Series D, November 2024
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: varjo

Varjo Technologies Oy, founded in 2016 and based in Helsinki, Finland, is a technology company that focuses on creating advanced virtual reality (VR) and mixed reality (XR) headsets. With a workforce of around 217 employees, Varjo has carved out a niche in providing high-resolution immersive solutions tailored for enterprise applications. Their headsets, such as the Varjo XR-4 and XR-3 series, are designed to meet the rigorous demands of industries like automotive, healthcare, and defense. Varjo's products are particularly noted for their application in training and simulation, where they help organizations improve efficiency and effectiveness in learning environments. The company operates through a direct sales model and collaborates with over 35 certified resellers worldwide, ensuring a broad reach for its innovative solutions. Varjo's commitment to enhancing training capabilities is evident in its partnerships with major corporations and its focus on developing technologies that replicate real-world scenarios for training purposes.

20. Melcher Studios

• Website: melcher.ca
• Ownership type: Private
• Headquarters: Regina, Saskatchewan, Canada
• Employee distribution: Canada 100%
• Founded year: 2007
• Headcount: 11-50
• LinkedIn: melcher-media-%26-design

Melcher Studios, based in Regina, Saskatchewan, is an interactive production studio founded in 2007. The company specializes in crafting immersive digital experiences through virtual reality (VR), augmented reality (AR), and game development. With a team of 11 to 50 employees, Melcher Studios focuses on providing innovative training and educational solutions tailored for businesses and organizations. Their offerings include VR simulations, mobile applications, and e-learning tools designed to enhance engagement and improve learning outcomes. Notably, they have developed specific training applications, such as the VR Fire Simulator, which allows users to practice fire extinguisher training in a safe virtual environment. This practical approach to training demonstrates their commitment to utilizing cutting-edge technology to meet the needs of their clients. Melcher Studios has established a presence not only in Saskatchewan but also in other provinces like Alberta and British Columbia, indicating their growing influence in the industry.

21. Pixo Vr

• Website: pixovr.com
• Ownership type: Private
• Headquarters: Royal Oak, Michigan, United States (USA)
• Employee distribution: United States (USA) 90%, Monaco 10%
• Latest funding: $6.5M, July 2022
• Founded year: 2009
• Headcount: 11-50
• LinkedIn: pixo-group

PIXO VR, based in Royal Oak, Michigan, is a private technology solutions company founded in 2009. With a team of 21 employees, PIXO VR specializes in virtual reality training, offering a comprehensive platform that enables businesses to create, manage, and deploy immersive training content across various sectors. Their clientele includes organizations looking to improve training effectiveness and efficiency through innovative VR solutions. The company has developed a robust training catalog that covers areas such as workplace safety, manufacturing, and soft skills, among others. In July 2022, PIXO VR secured $6.5 million in funding, which underscores its active role and growth potential in the virtual reality training industry.

Virtual Reality Training and Development Insights: Key Companies

Company	Headquarter	Size	Founded	Ownership
Strivr	Santa Clara, California, United States (USA)	51-200	2015	Venture Capital
ForgeFX Simulations	San Francisco, California, United States (USA)	11-50	2002	Private
Inlusion	Northbrook, Illinois, United States (USA)	51-200	2009	Private
Edstutia	New York, New York, United States (USA)	11-50	2020	Venture Capital
SimInsights Inc.	Lake Forest, California, United States (USA)	51-200	2009	Private
HTX Labs	Houston, Texas, United States (USA)	51-200	2017	Venture Capital
8chili Inc	San Ramon, California, United States (USA)	1-10	2019	Private
Varwin	Dover, Delaware, United States (USA)	11-50	2017	Venture Capital
Lucid Reality Labs	Miami, Florida, United States (USA)	11-50	2016	Private
UniVR Studio - Réalité virtuelle pour la formation professionnelle	Villeurbanne, Auvergne-Rhône-Alpes, France	11-50	2014	Private
3spin Learning	Darmstadt, Hesse, Germany	11-50	2020	Venture Capital
Madras MindWorks Pvt Ltd	Chennai, Tamil Nadu, India	11-50	2015	Private
Bsdxr	Winnipeg, Manitoba, Canada	11-50	2015	Private
Holostech	Las Condes, Santiago, Chile	11-50	2016	Venture Capital
Luminous XR	Newcastle Upon Tyne, England, United Kingdom (UK)	11-50	2004	Venture Capital
MTM Project srl	Monopoli, Apulia, Italy	11-50	2010	Private
RocketChicken Interactive Inc.	Vancouver, British Columbia, Canada	1-10	2009	Private
VR Vision	Toronto, Ontario, Canada	11-50	2016	Private
Varjo	Helsinki, Uusimaa, Finland	201-500	2016	Corporate
Melcher Studios	Regina, Saskatchewan, Canada	11-50	2007	Private
Pixo Vr	Royal Oak, Michigan, United States (USA)	11-50	2009	Private

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